Why Stanley Black & Decker, Inc. (SWK) Soared Today
From Yahoo Finance: 2025-05-12 23:12:00
The stock market saw optimism as US and China announced a tariff truce, leading to gains in major indices. Nasdaq rose 4.85%, S&P 500 by 3.26%, and Dow Jones by 2.81%. 10 companies soared, including Stanley Black & Decker, Inc. (SWK) which saw a 15.73% increase to $72.53 per share due to the tariff truce. US and China agreed to lower tariffs on imports, benefiting SWK. SWK ranks 7th in top performers today.
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